Making the gambling legal in the country will make the casinos operating illegally apply for license and abide the law. Gambling legalization will then allow the government to collect tax from the casinos. Its a wonder why they were not doing this earlier the country is known for tourist from the West. Cambodia I think is already legalizing gambling for a long time.
They just have to really make the regulations clear like the age limits otherwise this is increasing the risk of generations of gamblers in the country.
Topic: Thailand to Legalize Gambling To combat Illegal gambling or.... - page 7. (Read 843 times)
I believe that the legalization of gambling is more about regulating it. While I am not sure how severely gambling impacts national security, I think there are far worse issues to worry about. The government could generate significant revenue from gambling, as seen in other leading countries. They should also allow gambling advertisements across all possible channels.
I don't see anything wrong with what they are about to do and yeah I think it is not a bad idea, I mean, gambling brings a lot of revenue and their country could really benefit from it(the Philippines did especially during the height of COVID). That being said, if they are going to legalize gambling in their country they should also invest in gambling awareness programs that would help people(especially the youth) tackle gambling in a healthy way.
I also think that it is a wise decision on the PM side since it is impossible to stop gambling, so why not take advantage of it for the country's development? Your thought?
If you do not let your citizens to gamble, you are only deceiving yourself because gambling is in the nature of humans. That is why you will see the citizens of the countries where gambling is not legal going to foreign gambling sites to gamble. It is good that Thailand government see this now and know that they should legalize gambling and generate tax from it. Buddhism religion do not totally forbids gambling while they do not also totally support it. 
I read an article about Thailand's Prime Minister planning to legalize gambling in order to combat illegal gambling. He also stated that the illegal gambling operation are earning trillions of baht but are not contributing to the nation. Read more about the news here:
Thai PM: Legalise gambling to tackle existing illegal gambling
I believe the Thai PM realized that they are losing for not making gambling legal in their country. I believe it is not to combat the illegal gambling but rather to take advantage of the gambling activities to get more taxes to fund the country's treasury. It was said that if gambling is legalized the country might bring an amount ranging from TBH30B to TBH50B (US$0.8bn to US$1.3bn) in investments to the country aside from the annual taxes that can be earned from gambling industries.
I also think that it is a wise decision on the PM side since it is impossible to stop gambling, so why not take advantage of it for the country's development? Your thought?
Thai PM: Legalise gambling to tackle existing illegal gambling
I believe the Thai PM realized that they are losing for not making gambling legal in their country. I believe it is not to combat the illegal gambling but rather to take advantage of the gambling activities to get more taxes to fund the country's treasury. It was said that if gambling is legalized the country might bring an amount ranging from TBH30B to TBH50B (US$0.8bn to US$1.3bn) in investments to the country aside from the annual taxes that can be earned from gambling industries.
I also think that it is a wise decision on the PM side since it is impossible to stop gambling, so why not take advantage of it for the country's development? Your thought?
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